XRP

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC+0.0004%/8h= +0.4% APRnext payment +$0.00 per $10,000 · paid last 24h +0.001%

Price spread now: Extended against Polymarket Perps−0.079%7-day average −0.058% · you buy dearer than you sell

Net, funding: paid 7d − costs−$13as in the Funding arb table

Net, price: spread back to 7d avg − costs−$24as in the Price arb table

costs, in and out, $10k−$220.218% of the position

Long on Polymarket Perps Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.091%+$9 on $10k

Price spread, last 3 days (all we have)−0.307%−$31 · spread now −0.079%, 7d avg −0.058%

Together, before fees−0.217%+ Points / potential airdropExtended: Active · farm board−$22 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Extended is 0.021% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of −0.058%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Polymarket Perps XRP-USD	1.5705	0.0100	pay 0.0013% / 1h	45m 32s	$49K	$443K	20x
Short	Extended XRP-USD	1.5693	0.0104	get 0.0013% / 1h	45m 32s	$2.2M	$7.0M	50x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Polymarket Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee ExtendedbpOrdersPrice spread, now −0.079%Rate

Funding earned: $0.84
Price spread: −0.079% → −0.058%: −$2.11
Slippage, 4 orders: −$8.82
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$23.09
Costs to cover: 0.218%
Break-even: 199.4 days

Slippage from Polymarket Perps: live order book, 37 min ago; Extended: live order book, 3 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Polymarket Perps live order book, 37 min ago	2.27 bp	9.2 bp −$9	11.9 bp −$119	doesn't fit	doesn't fit
Sell Extended live order book, 3 min ago	0.32 bp	2.9 bp −$3	5.3 bp −$53	doesn't fit	doesn't fit

XRP on 51 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Hotstuff XRP-PERP	−0.0080%	1h	1.5692	−0.083%	$7K	$2K	20x	as long as short
dYdX XRP-USD	0.0000%	1h	1.5691	−0.087%	$1.1M	$104K	10x	as long as short
gTrade (Gains Network) XRP/USD	L +0.0003% / S −0.0004%	1h	1.5637	−0.430%	$262K	—	150x	as long as short
Deribit XRP_USDC-PERPETUAL	+0.0006%	1h	1.5655	−0.318%	$9.6M	$24.9M	50x	as long as short
Injective XRP/USDC PERP	+0.0033%	1h	1.5290	−2.642%	$2K	$86K	30x	as long as short
Kraken Futures PF_XRPUSD	+0.0041%	1h	1.5645	−0.385%	$15.7M	$67.5M	50x	as long as short
Orderly PERP_XRP_USDC	+0.0052%	8h	1.5652	−0.337%	$82K	$935K	50x	as long as short
GMX XRP/USD [ETH-USDC]	L +0.0080% / S +0.0144%	1h	1.5639	−0.423%	$925K	—	200x	as long as short
Hibachi XRP/USDT-P	+0.0088%	1h	1.5608	−0.621%	$19K	$73K	7x	as long as short
Lighter XRP	+0.0096%	1h	1.5677	−0.180%	$3.0M	$11.7M	20x	as long as short

Show all 51 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH XRP	+0.0096%	1h	1.5700	−0.032%	$461K	$3.1M	20x	as long as short
Nado XRP-PERP	+0.0100%	1h	1.5695	−0.060%	$1.1M	$5.4M	20x	as long as short
Aster XRPUSDT	+0.0100%	8h	1.5699	−0.038%	$40.0M	$75.5M	100x	as long as short
Pacifica XRP	+0.0100%	1h	1.5690	−0.093%	$678K	$1.1M	20x	as long as short
Binance XRPUSDT	+0.0100%	8h	1.5699	−0.038%	$569.6M	$1.92B	100x	as long as short
Bybit XRPUSDT	+0.0100%	8h	1.5702	−0.019%	$355.6M	$872.3M	100x	as long as short
OKX XRP-USDT-SWAP	+0.0100%	8h	1.5699	−0.038%	$129.2M	$872.8M	100x	as long as short
Ondo Perps XRP-USD.P	+0.0100%	1h	1.5615	−0.573%	$581K	$41K	5x	as long as short
Arcus XRP-USD	+0.0100%	1h	1.5699	−0.038%	$121K	$724K	20x	as long as short
Bulk XRP-USD	+0.0100%	1h	1.5527	−1.133%	$1.7M	$572K	20x	as long as short
Gate XRP_USDT	+0.0100%	8h	1.5695	−0.064%	$373.8M	$135.2M	100x	as long as short
MEXC XRP_USDT	+0.0100%	8h	1.5695	−0.064%	$292.2M	$825.1M	300x	as long as short
KuCoin XRPUSDTM	+0.0100%	8h	1.5677	−0.178%	$113.4M	$153.5M	75x	as long as short
Bitget XRPUSDT	+0.0100%	8h	1.5700	−0.032%	$272.5M	$353.4M	125x	as long as short
BingX XRP-USDT	+0.0100%	8h	1.5696	−0.057%	—	$115.3M	—	as long as short
Variational Omni XRP	+0.0100%	8h	1.5524	−1.151%	$11.8M	$29.8M	—	as long as short
edgeX XRPUSDC	+0.0100%	4h	1.5621	−0.533%	$678K	$98.7M	30x	as long as short
GRVT XRP_USDT_Perp	+0.0100%	8h	1.5635	−0.446%	$1.1M	$41.6M	20x	as long as short
ApeX Omni XRPUSDT	+0.0100%	1h	1.5628	−0.490%	$1.0M	$879K	50x	as long as short
Vest XRP-PERP	+0.0100%	1h	1.5683	−0.142%	—	$10K	10x	as long as short
Polymarket Perps XRP-USDlong	+0.0100%	1h	1.5705	long leg	$49K	$443K	20x
Bullet XRP-USD	+0.0100%	1h	1.5639	−0.422%	$42K	$62K	20x	as long as short
Derive XRP-PERP	+0.0100%	1h	1.5654	−0.325%	$843K	$71K	10x	as long as short
SunX XRP-USDT	+0.0100%	8h	1.5652	−0.340%	$131K	$1.7M	30x	as long as short
SoDEX XRP-USD	+0.0100%	1h	1.5648	−0.363%	$31K	$1.9M	10x	as long as short
HTX XRP-USDT	+0.0100%	8h	1.5636	−0.437%	$51.4M	$15.1M	75x	as long as short
Phemex XRPUSDT	+0.0100%	8h	1.5645	−0.382%	$55.7M	$28.8M	50x	as long as short
Paradex XRP-USD-PERP	+0.0100%	8h	1.5696	−0.060%	$489K	$54K	50x	as long as short
Katana Perps XRP-USD	+0.0101%	8h	1.5696	−0.057%	$12K	$248K	20x	as long as short
Extended XRP-USDshort	+0.0104%	1h	1.5693	−0.079%	$2.2M	$7.0M	50x
Aevo XRP-PERP	+0.0104%	1h	1.5652	−0.338%	$73K	$40K	3x	as long as short
01 Exchange XRPUSD	+0.0160%	1h	1.5703	−0.013%	$9K	$8K	10x	as long as short
Reya XRPRUSDPERP	+0.0211%	1h	1.5699	−0.039%	$1.4M	$9K	15x	as long as short
Coinbase International XRP-PERP-INTX	+0.0216%	1h	1.5656	−0.312%	$5.8M	$46.4M	50x	as long as short
BloFin XRP-USDT	+0.0220%	8h	1.5619	−0.548%	$24.6M	$71.9M	125x	as long as short
Kalshi KXXRPPERP	+0.0337%	8h	1.5643	−0.395%	$1.9M	$32.0M	2.9x	as long as short
Backpack XRP_USDC_PERP	+0.0360%	1h	1.5656	−0.312%	$1.8M	$976K	25x	as long as short
Phoenix XRP	+0.0516%	1h	1.5590	−0.732%	$69K	$90K	15x	as long as short
RISEx XRP/USDC	+0.0527%	1h	1.5705	−0.002%	$412K	$534K	10x	as long as short
Aftermath Perps XRPUSD	+0.0606%	1h	1.5598	−0.683%	$1K	$11K	10x	as long as short
Hyperliquid XRP	+0.0653%	1h	1.5685	−0.127%	$290.4M	$196.7M	20x	as long as short